Wellworth Bank
Lafayette, Tennessee, Macon County
$1.8B in total assets, the 660th largest of 4,309 US banks and 14th of 109 headquartered in Tennessee.
- FDIC certificate
- 1711
- Established
- 1909
- Owned by
- Citizens Bcorp Investment Inc
- Primary regulator
- FDIC
- Website
- www.wellworth.bank
At a glance
Compared with 27 banks headquartered in Tennessee with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.8B | 63% | $1.6B | |
| Loans | $1.3B | 63% | $1.1B | |
| Deposits | $1.5B | 59% | $1.4B | |
| Return on assets | 1.33% | 44% | 1.40% | |
| Net interest margin | 3.84% | 59% | 3.76% | |
| Efficiency ratio | 57.3% | 56% | 55.8% | |
| Equity to assets | 9.82% | 41% | 10.09% | |
| Loans to deposits | 82% | 48% | 82% |
Growth
Total assets grew 11.4% a year over the last 5 years and 8.0% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2021 | American Bank & Trust of the Cumberlands Livingston, TN, an affiliate under the same holding company | $336M |
| Apr 2015 | Traders Bank Tullahoma, TN, an affiliate under the same holding company | $170M |
| Dec 2013 | Liberty State Bank Liberty, TN, an affiliate under the same holding company | $160M |
| Jun 1987 | Citizen's Bank Lafayette, TN, an affiliate under the same holding company | $60M |
Where they operate
20 branches in 12 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Macon County, TN | $372M | 38.7% | 2 of 3 |
| Coffee County, TN | $196M | 13.0% | 2 of 10 |
| Dekalb County, TN | $180M | 25.6% | 2 of 4 |
| Putnam County, TN | $168M | 5.0% | 7 of 15 |
| Overton County, TN | $126M | 19.2% | 2 of 5 |
| Jackson County, TN | $108M | 50.6% | 1 of 2 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No net change since 2016 (20 branches then and now). 1 opened, 3 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 20 | |||
| 2016 | Opened GordonsvilleClosed Carthage and Red Boiling Springs | 1 | 2 | −1 | 19 |
| 2021 | Acquired American Bank & Trust of the Cumberlands | 3 | 0 | +3 | 22 |
| 2024 | Closed Liberty and Tullahoma | 0 | 2 | −2 | 20 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 38% | 32% | |
| Commercial real estate | 26% | 31% | |
| Construction and land | 17% | 11% | |
| Business (C&I) | 6% | 10% | |
| Farmland | 6% | 2% | |
| Multifamily | 3% | 4% | |
| Consumer | 3% | 6% | |
| Other | 1% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 49% | 33% | |
| Other interest-bearing | 36% | 50% | |
| Noninterest-bearing | 15% | 17% |
Brokered deposits are 0.0% of deposits (peers 7.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.39% | 0.28% |
| Net charge-offs, annualized | 0.04% | 0.03% |
| Reserves to loans | 1.15% | 1.10% |
| Leverage ratio | 9.92% | 10.20% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Tennessee
Largest competitors in Macon County, TN
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/wellworth